Mississippi 2022 Regular Session

Mississippi Senate Bill SB2744

Introduced

1/17/22

Refer

1/17/22

Failed

2/23/22

Caption

Bonds; authorize to assist Sunflower County Ministerial Alliance Counseling Services in constructing transitional shelter.

Impact

If enacted, SB2744 would create a dedicated fund specifically for managing the financial resources generated from these bonds. This fund is designed to ensure that any unspent amounts remain allocated for its intended purpose rather than reverting to the state's general fund at the end of the fiscal year. Furthermore, the act outlines provisions for the repayment of interest and principal on the bonds from state revenues, establishing a financial obligation on the part of the state to honor these liabilities through its treasury.

Summary

Senate Bill 2744 authorizes the issuance of state general obligation bonds to provide funding for the construction of a transitional shelter by the Sunflower County Ministerial Alliance Counseling Services (SCMACS) in Indianola, Mississippi. The primary purpose of this bill is to assist individuals by providing housing and empowering skills through the new shelter. The total amount allocated for the bond issuance is capped at $980,000, and no bonds will be issued after July 1, 2026.

Contention

Notable points of contention surrounding SB2744 include concerns about the state's long-term financial commitments for the bond issuance, as well as debates on the necessity and efficacy of creating such shelters. The discussions in legislative sessions may reflect divergent views on resource allocation, especially considering Mississippi's fiscal constraints. Critics may argue the need for more comprehensive solutions to address homelessness and related challenges, while supporters highlight the bill as a vital step toward providing immediate relief and support for vulnerable populations.